Colombia: Medical Reconstruction Cements Market 2024

Medical Reconstruction Cements Market Size in Colombia

In 2022, the Colombian medical reconstruction cements market increased by X% to $X, rising for the second year in a row after three years of decline. Over the period under review, consumption continues to indicate buoyant growth. Medical reconstruction cements consumption peaked in 2022 and is expected to retain growth in the immediate term.

Medical Reconstruction Cements Exports

Exports from Colombia

In 2022, overseas shipments of dental cements and bone reconstruction cements decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, exports saw a abrupt setback. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, medical reconstruction cements exports dropped rapidly to $X in 2022. Overall, exports recorded a deep setback. The pace of growth was the most pronounced in 2020 with an increase of X%. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Chile (X tons) was the main destination for medical reconstruction cements exports from Colombia, accounting for a X% share of total exports. Moreover, medical reconstruction cements exports to Chile exceeded the volume sent to the second major destination, Ecuador (X tons), twofold. The third position in this ranking was taken by Panama (X kg), with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Chile totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ecuador (X% per year) and Panama (X% per year).

In value terms, Chile ($X) remains the key foreign market for dental cements and bone reconstruction cements exports from Colombia, comprising X% of total exports. The second position in the ranking was taken by Ecuador ($X), with an X% share of total exports. It was followed by Panama, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Chile totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ecuador (X% per year) and Panama (X% per year).

Export Prices by Country

The average medical reconstruction cements export price stood at $X per ton in 2022, almost unchanged from the previous year. Overall, export price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, medical reconstruction cements export price increased by X% against 2020 indices. The growth pace was the most rapid in 2017 when the average export price increased by X% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($X per ton), while the average price for exports to Ecuador ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cuba (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Medical Reconstruction Cements Imports

Imports into Colombia

In 2022, overseas purchases of dental cements and bone reconstruction cements increased by X% to X tons, rising for the second year in a row after five years of decline. Overall, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, medical reconstruction cements imports amounted to $X in 2022. In general, total imports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Imports peaked in 2022 and are likely to see steady growth in years to come.

Imports by Country

The United States (X tons), Germany (X tons) and Switzerland (X tons) were the main suppliers of medical reconstruction cements imports to Colombia, with a combined X% share of total imports. Brazil, Japan, Australia, the UK, France, South Korea, Italy, China, Lithuania and Argentina lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Lithuania (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of dental cements and bone reconstruction cements to Colombia, comprising X% of total imports. The second position in the ranking was held by Switzerland ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual growth rate of value from the United States totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (X% per year) and Germany (X% per year).

Import Prices by Country

The average medical reconstruction cements import price stood at $X per ton in 2022, remaining relatively unchanged against the previous year. In general, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, medical reconstruction cements import price increased by X% against 2012 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2021, and then dropped modestly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Lithuania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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